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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Cash flows from operating activities:    
Net income $ 36,414 $ 44,879
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 18,044 18,173
Share-based compensation 3,457 5,076
Deferred income taxes (6,111) (790)
Loss on disposals of plant and equipment 202 40
Realized gain on share purchase liability 2,723 0
Foreign exchange expense/(income) (57) 92
Excess tax from share-based payment arrangements (811) (1,678)
Changes in assets and liabilities, net of acquisitions:    
Receivables (16,655) (53,359)
Inventory (6,355) (41,858)
Accounts payable and accrued expenses (15,110) 8,307
Income taxes 3,874 1,404
Employee benefit plans (3,137) (3,595)
Other, net (4,000) (2,934)
Net cash flows from operating activities 7,032 (26,243)
Cash flows from investing activities:    
Additions to property, plant, and equipment (9,758) (17,947)
Proceeds from sale of property, plant, and equipment 402 1,623
Cash paid for acquisitions, net of cash acquired (3,761) (29,813)
Additional consideration for prior acquisition (267) 0
Cash paid for minority equity investments 0 (6,716)
Other, net 174 (2,275)
Net cash flows from investing activities (13,210) (55,128)
Cash flows from financing activities:    
Proceeds from issuance of debt 181,967 68,526
Repayment of debt (134,190) (18,584)
Proceeds from issuance of common stock 1,240 1,184
Excess tax from share-based payment arrangements 811 1,678
Purchases of common stock (6,218) (6,475)
Dividends paid (9,783) (8,817)
Purchase of redeemable noncontrolling shares 0 (2,875)
Share purchase liability payment 20,200 0
Net cash flows from financing activities 13,627 34,637
Effect of exchange rate changes on cash (3,556) (139)
Net change in cash and equivalents 3,893 (46,873)
Cash and equivalents at beginning of period 59,141 134,553
Cash and equivalents at end of period 63,034 87,680
Cash paid for income taxes, net of refunds 8,074 15,944
Cash paid for interest 5,401 5,279
Additions to property, plant, and equipment, not yet paid 569 372
Bombas Leao S.A.    
Cash flows from financing activities:    
Payable to seller of Bombas Leao $ 24 $ 267